Aims to recast our view of the relations between the federal government and the economy from the New Deal era to the end of the Cold War, presenting evidence, statistical analyses, and different interpretations of familiar data. This book is of interest to students, researchers, and educated lay people in political economy and economic history
Includes bibliographical references and index
Introduction; 1 Regime Uncertainty: Why the Great Depression Lasted So Long and Why Prosperity Resumed after the War; 2 Private Profit, Public Risk: Institutional Antecedents of the Modern Military Procurement System in the Rearmament Program of 1940-41; 3 Wartime Prosperity? A Reassessment of the U.S. Economy in the 1940s; 4 Wartime Socialization of Investment: A Reassessment of U.S. Capital Formation in the 1940s; 5 From Central Planning to the Market: The American Transition, 1945-47; 6 The Cold War Economy: Opportunity Costs, Ideology, and the Politics of Crisis